Construction industry in the USA – Part 1 Underground engineering / infrastructure
Photo: Mauritius images; Petra Wallner
Photo: Mauritius images; Rosenfeld
Photo: Mauritius images; purestock
Photo: Mauritius images; Pixtal
Photo: Mauritius images; Glowimages
This article reflects on past, trends, current structural data and forecasts for the ongoing business year at the US-American market. Though there are fewer major projects at present due to the crisis, there is a great interest in large corporations being capable of realizing extensive public contracts and construction works. Possibly, construction corporate groups from Asia might also have a growing influence.
In 2011, the construction industry in the U.S. has passed a slight recession in the field of civil engineering as a whole, but it is most probably expected to enjoy a stable growth at the turn of 2011 and the years to come. There is a strong demand stimulus coming from the energy sector. However, German construction companies may have a hard time owing to the overwhelming national competition. To have own subsidiaries or co-operations with US-American companies are the best prerequisites for business success.
Market development / demand
The civil engineering sector has managed to overcome the...
